You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #26: What happens if you die before your retirement date? [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Rosemary2205 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-03-07 10:10 AM
Response to Reply #21
26. What happens if you die before your retirement date?
Or is that what you meant?

The UAW is considered a good union and under their contract if a union worker dies before retirement the spouse gets no portion of the pension. If a worker dies AFTER retirement then the spouse does get a portion of the pension.

Printer Friendly | Permalink |  | Top
  -Why pensions are dying. Rosemary2205  Nov-03-07 09:38 AM   #0 
  - Pensions can be insured.  1932   Nov-03-07 09:42 AM   #1 
  - Enroners got about 30 cents on the dollar.  Rosemary2205   Nov-03-07 09:45 AM   #4 
     - Enroners lost a ton of money in their 401(k)'s because they were forced to hold Enron stock  antigop   Nov-03-07 09:48 AM   #6 
        - That too  Rosemary2205   Nov-03-07 09:49 AM   #9 
        - ahem... from the PBGC website...  antigop   Nov-03-07 09:52 AM   #11 
           - Those with pensions over $45,614 deserve all their money too.  Rosemary2205   Nov-03-07 10:01 AM   #18 
              - How many people qualify for that type of pension? Good grief. Please educate yourself. n/t  antigop   Nov-03-07 10:03 AM   # 
                 - More than you think.  Rosemary2205   Nov-03-07 10:11 AM   #27 
                 - Massachusetts politicians and hacks qualify for that kind of pension.  Fed_Up_Grammy   Nov-03-07 09:30 PM   #50 
                    - And how many employees WHOSE PLANS ARE COVERED BY THE PBGC have pensions that high?  antigop   Nov-04-07 09:09 AM   #57 
        - that can't happen anymore  TheFarseer   Nov-03-07 10:41 AM   #36 
           - Yes, I know they changed the law, but I was only responding to the Enron situation and why  antigop   Nov-03-07 12:07 PM   #42 
              - I think I was trying to respond to the post above yours  TheFarseer   Nov-03-07 03:27 PM   #44 
  - Traditional pension plans have been phased out  baldguy   Nov-03-07 09:43 AM   #2 
  - Pensions are insured by the PBGC and if you don't make it to retirement, there are vesting rules  antigop   Nov-03-07 09:43 AM   #3 
  - Not true.  Rosemary2205   Nov-03-07 09:48 AM   #7 
     - Well, vesting rules are law....sorry, but true. n./t  antigop   Nov-03-07 09:49 AM   #10 
     - Vesting rules from the DOL website  antigop   Nov-03-07 09:59 AM   #16 
        - defined contribution plans have the same vesting rules with a few  spooky3   Nov-04-07 06:14 PM   #63 
  - The real reason pensions are dying...  antigop   Nov-03-07 09:46 AM   #5 
  - I think they are salivating over the prospect of millions of old, hungry  B Calm   Nov-03-07 11:36 AM   #40 
  - I think there *may* be some truth to that, but the real reasons are...  antigop   Nov-03-07 01:29 PM   #43 
  - The real reason pensions are dying has  Yupster   Nov-03-07 09:48 PM   #51 
  - And some terminology...401(k) plans ARE PENSIONS.  antigop   Nov-03-07 09:49 AM   #8 
  - I am in favor of Social Security and encouraging company retirement plan contributions.  Gormy Cuss   Nov-03-07 09:52 AM   #12 
  - Mandatory match  Rosemary2205   Nov-03-07 09:57 AM   #15 
     - Actually, I think the match could even exceed 100% if necessary.  Gormy Cuss   Nov-03-07 10:17 AM   #29 
        - A very good point. Thanks.  Rosemary2205   Nov-03-07 10:30 AM   #34 
  - Gawd, I'm taking a job after 4 years of blissful self-emp. cuz the pension vests in 5 years  soothsayer   Nov-03-07 09:52 AM   #13 
  - That was/is pretty much my mindset.  LiberalFighter   Nov-03-07 10:47 AM   #37 
     - Cool! Thanks for the reassurance that it's a good move.  soothsayer   Nov-04-07 09:11 AM   #58 
  - really... I don't have time to play today...please educate yourself on pensions before further  antigop   Nov-03-07 09:52 AM   #14 
  - LOL  Rosemary2205   Nov-03-07 10:00 AM   #17 
     - Good grief! Please educate yourself. I gotta go. n/t  antigop   Nov-03-07 10:02 AM   #20 
        - Gotta love General Discussion  Rosemary2205   Nov-03-07 10:03 AM   #23 
  - Social Security and Pensions were guarantees for employees to have retirement income  liberal N proud   Nov-03-07 10:01 AM   #19 
  - Should I die before my wife  Omaha Steve   Nov-03-07 10:03 AM   #21 
  - Defined benefit pensions can be "portable". The plan can have an immediate annuity instead of an  antigop   Nov-03-07 10:08 AM   #25 
  - What happens if you die before your retirement date?  Rosemary2205   Nov-03-07 10:10 AM   #26 
     - Yes even if I drop over today, Marta would get 75% of my pension for her life  Omaha Steve   Nov-03-07 10:18 AM   #30 
     - I get 100%, as the widow. I always tell Mr. Dink to stay away from the cellar steps. ;)  WinkyDink   Nov-03-07 10:30 AM   #33 
     - Excuse me but that statement is not true  LiberalFighter   Nov-04-07 11:21 AM   #59 
  - And when the little guy makes a bad decision?  fasttense   Nov-03-07 10:03 AM   #22 
  - I think Joe deserves a decent education.  Rosemary2205   Nov-03-07 10:06 AM   #24 
     - Like the few Joe's who took sub-prime mortgages and are being foreclosed on now?  fasttense   Nov-03-07 10:17 AM   #28 
        - Congress and company bosses are humans too.  Rosemary2205   Nov-03-07 10:29 AM   #32 
  - You do not understand the "social" elements of Social Security.  WinkyDink   Nov-03-07 10:28 AM   #31 
  - yep. I don't trust pensions  TimBean   Nov-03-07 10:33 AM   #35 
  - Privatizing social security is not a good idea  OzarkDem   Nov-03-07 10:57 AM   #38 
  - My only real beef with Social Security  Rosemary2205   Nov-03-07 11:20 AM   #39 
  - Employers use to use pension plans to retain older employees. Now  B Calm   Nov-03-07 11:50 AM   #41 
  - Rosemary2205 - As a pension actuary perhaps I could shed some light on union pensions.  papau   Nov-03-07 05:35 PM   #45 
  - Papau, you rock! n/t  antigop   Nov-03-07 06:02 PM   #46 
  - Thank you for taking the time to post a long, informative post!  1932   Nov-03-07 06:07 PM   #47 
  - I appreciate the history lesson but that isn't my point at all.  Rosemary2205   Nov-03-07 07:51 PM   #48 
  - Corps are selling greed & personal control as offsets to starving at retirement and lower  papau   Nov-03-07 09:23 PM   #49 
     - No pensions equals a cut in wages --- Our Town has fought Police on issues . . .  defendandprotect   Nov-03-07 10:22 PM   #54 
  - great post papau thanks!  pitohui   Nov-03-07 10:37 PM   #56 
  - Thanks :-)  papau   Nov-04-07 12:38 PM   #60 
  - I recommend your excellent response!  countryjake   Nov-04-07 05:36 PM   #62 
  - odd... my father passed 15 years ago,  salin   Nov-03-07 09:58 PM   #52 
  - Social Security is an INSURANCE program . . . not a retirement program ---  defendandprotect   Nov-03-07 10:17 PM   #53 
  - oh brother, traditional pensions ARE phased out  pitohui   Nov-03-07 10:31 PM   #55 
  - I disagree with some of your last paragraph  spooky3   Nov-04-07 06:26 PM   #64 
  - So regulate pensions so they get paid no matter what  Tactical Progressive   Nov-04-07 05:20 PM   #61 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC